talent management News

Some UK Financial Services Firms Keep Flexible Working to Boost Women in Workforce

As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its policy of letting workers decide how much time they spend in the office. “Flexible working provides a strong link to …

Harassment of Women in Financial Services Eclipses Other Industries: Aviva CEO Blanc

Amanda Blanc, the CEO of insurer Aviva, told British lawmakers on Wednesday that physical and verbal harassment of women in financial services eclipsed other industries and that she had heard “absolutely appalling” stories. Blanc, giving evidence to the Treasury Committee …

Fewer Than 10% of CEOs in Britain’s Largest Companies Are Women

Even as Britain’s largest companies are hiring women in executive leadership roles at the fastest pace in five years, there’s a big hurdle to cross: they are still unlikely to be in influential roles overseeing the commercial side of the …

Financial Services Firms Acknowledge ‘Awful’ Culture in UK Sexism Inquiry

Representatives from finance firms across the City of London said more work was needed to tackle gaping gender disparities in the industry, even after companies have made gains in the past five years. Trade groups representing hedge funds, banks and …

Israeli Firms Try to Cope With Trauma, Worker Shortages, Missed Deadlines

Business as usual is rare right now inside the companies that power Israel’s $520 billion economy, as leaders try to keep operations going while offering emotional and other support to workers. The realities of the Israel-Hamas war are upending not …

UK Staff Coming Into the Office Now Outnumber Hybrid Workers: Survey

British workers coming into the office every day outnumber those who spend part of the week working from home, for the first time since the end of pandemic restrictions. A survey by recruitment company Hays Plc of nearly 15,000 white-collar …

Promotions, Raises Await Workers Who Come Back to the Office: Canadian CEOs

Top executives at Canadian companies are growing less optimistic that they’ll be able to coax their employees back into the office — so most plan to reward those who show up in person, according to a survey by KPMG. Only …

Odey Asset Management to Shut Wealth Business in Wake of Sexual Assault Allegations Against Founder

Odey Asset Management is closing its wealth business, the UK’s Financial Conduct Authority said, months after its founder Crispin Odey was accused of sexual misconduct. “We will work closely with the firm as it winds down, to ensure clients are …

Don’t Expect the Same Raise You Got Last Year: Surveys

Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who had enjoyed two straight years of increases. US employers surveyed by Aon Plc, which compiles compensation data on more than …

Layoffs, Remote Working Hinder Diversity Push, UK Finance Executives Say

Layoffs, working from home and misguided tips on how to get ahead are hindering moves by financial firms on inclusion and diversity, British industry executives said on Wednesday. Britain’s Financial Conduct Authority and the Bank of England this week set …